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$750,000
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Property Description
Welcome to Villa Tranquillo, a beautifully maintained and renovated home seconds away from the Historic "Calle Ocho". Spanish charm with modern upgrades including a fully remodeled kitchen with quartz counter tops, large living area, PVC plumbing, New Roof soon to be installed with permits, impact windows, updated electrical and endless character. This home is equipped with a pool, hot tub and turn key furnishings. Option to continue management through a 5-star Property Management company for a 10% rate, grossed over $160k in 2024, granting a smooth transition of value to the new owner should they wish to Rent short term. Zoned T4L.
Full Property Details
Full Property Details for 318 SW 16th Ave
General
- Sold For: $750,000
- Taxes: $10,422 (2024)
- Status: Closed
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11790455
- Added to Site: 268 day(s) ago
Interior
- Interior Features: First Floor Entry, Other, Family Room, No Additional Rooms
- Appliances: Dishwasher, Dryer, Microwave, Electric Range
- Furnishings: Furnished, Partially Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: None
Other Rooms
- Living Room: Family Room, No Additional Sq. Ft.
Additional Information
- Pool: Yes
- Pool Description: Equipment Stays, 0x0
Parking
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Covered
Location
- Area: Lawrence Estates Land Cos
- County: Miami-Dade County
- Subdivision: LAWRENCE ESTATES LAND COS
- Building Name: LAWRENCE ESTATES LAND COS
- Direction Faces: East
Community
- Community Name: Lawrence Estates Land Cos
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Other
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story, Old Spanish
- Structure Type: Pool Only, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Flat Roof With Facade Front, Other
- Building Size: 1590
- Square Feet: 1,356
- Living Area: 1,356 Sq. Ft.
- Year Built: 1923
Lot Features
- Property View: Other
- Lot Size (Sq. Ft.): 5,000
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: 3901
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $553.1
- Tax Amount: $10,422
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LAWRENCE ESTATE LAND COS SUB PB 2-46 S50FT LOTS 1 & 2 BLK 86 LOT SIZE 5000 SQUARE FEET OR 9620 862
- Restrictions: No Restrictions, Ok To Lease, Ok To Lease With Res
- Property ID: 01-41-02-006-3000
Listed by Emerald Realty True Partners
Sold by ON Florida Realty, LLC.
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Schools
Schools serving 318 SW 16th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Riverside Elementary Community School 1190 Southwest 2nd Street, Miami, FL 33130 | PK-5 | 0.5 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.7 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 318 SW 16th Ave
Date
Details
Price
Change
Source
7/29/2025
Sold
$750,000
-3.23%
MLS
5/20/2025
Price Reduced
$775,000
-3%
MLS
4/26/2025
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
318 SW 16th Ave, Miami, FL 33135 (MLS# A11790455) is a Single Family property that was sold at $750,000 on July 29, 2025. Want to learn more about 318 SW 16th Ave? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

